- We note a better flow-through on the incremental dollar as ARA US Hospitality Trust (SGX:XZL) hotels ramp up to cater to the stronger travel demand as a result of pent-up demand momentum.
- In 1H22, a 54% y-o-y growth in ARA US Hospitality Trust's gross revenue translated to a 95% y-o-y growth in gross operating profit and 131% y-o-y growth in net property income. We expect the outsized bottom-line growth relative to top-line growth to continue as we enter 3Q22, which is typically the best performing quarter on the back of the peak summer season.
Labour costs kept in check.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
Room rates repricing an upside in inflationary environment.
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Tabitha FOO DBS Group Research | Geraldine WONG DBS Research | Derek TAN DBS Research | https://www.dbs.com/insightsdirect/ 2022-08-17
Read also DBS's most recent report:
2024-02-28 ARA US Hospitality Trust - Better Days Ahead.
Previous report by DBS:
2023-08-10 ARA US Hospitality Trust - Resilience In Operational Performance.
Price targets by other brokers at ARA US Hospitality Trust Target Prices.
Listing of research reports at ARA US Hospitality Trust Analyst Reports.
Relevant links:
ARA US Hospitality Trust Share Price History,
ARA US Hospitality Trust Announcements,
ARA US Hospitality Trust Dividends & Corporate Actions,
ARA US Hospitality Trust News Articles